Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office.
December 3, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
GM Adds Over 132,000 Heavy-Duty Pickups to Recall
DETROIT — General Motors is adding over 132,000 heavy-duty pickups to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.
December 3, 2024Trump Remains Opposed to US Steel Sale
President-elect Donald Trump reiterated his opposition to the sale of U.S. Steel Corp. to Nippon Steel Corp., saying he’d instead use tariffs and tax incentives to revive the steelmaker.
December 3, 2024I-95 Bridge in Connecticut Reopens Months After Fiery Crash
NORWALK, Conn. — Exactly seven months after a blaze consumed the Fairfield Avenue overpass spanning Interstate 95, the bridge reopened to traffic in roughly half the expected time.
December 3, 2024Germany Assumes $629M in Northvolt Debt After Insolvency
Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.
December 2, 2024Ex-TuSimple CEO Hou Seeks to Liquidate Company’s Assets
TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.
December 2, 2024Cyber Monday Shoppers Expected to Set a Record
Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.
December 2, 2024Rising Fuel Taxes to Hit Three States; California Warned
While no specific tax increase is taking effect in California, at least two state lawmakers are raising alarm about a set of regulatory and business circumstances that could send pricing soaring.
December 2, 2024US Commits to $7.54B Loan for Stellantis EV Battery Plants
Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind.Â
December 2, 2024Canada Tells Trump Its Border Differs From Mexico’s
TORONTO — Canada’s ambassador to the U.S. said Prime Minister Justin Trudeau was successful in getting President-elect Donald Trump to understand that lumping Canada in with Mexico is unfair.
December 2, 2024